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Hello, please solve it as journal Entry. The following information applies to the questions displayed below] As part of a major renovation at the beginning

Hello, please solve it as journal Entry. image text in transcribed
The following information applies to the questions displayed below] As part of a major renovation at the beginning of the year, Atiase Pharmaceuticals, Inc. sold sheling units (recorded as Equipment that were 10 years old for $1.100 cash. The sheives originally cost $7,600 and had been depreciated on a straight-line basis over an estimated useful life of 10 years with an estimated residual value of $600

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